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Commerce · Q351

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 351

Q351

A situation where any advantage given by one member of the WTO to another member is extended to all WTO members is referred to as

A.
Trade Diversion
B.
Inter-Regional Principle
C.
Most Favoured Nation
Answer
D.
Least Traded Nation

Answer: Option C

Solution

Answer: Option C
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